Finance & Capital Management

Indianapolis -- Finish Line announced that Terry Ledbetter has been appointed CIO, effective April 14. Most recently, he served as VP information technology, Dick’s Sporting Goods.

In other appointments, the chain said that Donald J. Gualdoni has been appointed VP business development and corporate strategy, effective April 14.

New York City -- Target expects sales from its upcoming Canadian stores to total more than $6 billion by 2017, the company’s CFO said Tuesday, Dow Jones reported.

Speaking to Wall Street analysts, CFO Douglas Scovanner said Target expects to have more than 200 stores in Canada within the next five to 10 years, with the stores generating about $6 billion Canadian ($6.27 billion in U.S. dollars based on Tuesday’s exchange rate).

The historic May flood of 2010 in Nashville and Middle Tennessee took 23 lives, displaced thousands of residents and flooded hundreds of businesses, as more than 13 inches of rain was recorded over a two-day period and the Cumberland River reached nearly 12 ft. above flood stage.

Among the business casualties was the Opry Mills, a Simon Property Group outlet retail destination seven miles from downtown Nashville and a short walking distance from the Grand Ole Opry.

New York City -- A report released Tuesday by The Conference Board found that the top concern facing CEOs across the globe is business growth.

The Conference Board CEO Challenge 2011 polled more than 700 CEOs, presidents and chairmen from across geographies and industries regarding the most pressing issues they face in today’s business environment.

Menomonee Falls, Wis. -- Kohl’s Department Stores announced Tuesday that it will be recognized as a 2011 Energy Star Partner of the Year by the U.S. Environmental Protection Agency and the U.S. Department of Energy.

The award, Kohl’s second consecutive, will be presented Tuesday evening at the Energy Star Awards ceremony in Washington, D.C.

Chicago -- Jones Lang LaSalle said Monday that, on behalf of Monroe Investment Partners LLC, it has closed the sale of a 13.5-acre parcel on Chicago’s South Side to Walmart, which purchased the shovel-ready pad in the Chatham Market shopping center to build a 155,000-sq.-ft. supercenter.

This will be the first of six new full-scale stores Walmart has announced it plans to build in the City of Chicago.

Dallas -- Tuesday Morning Corp. reported Tuesday that sales for the quarter ended March 31 rose 1.3% to $174.3 million, compared with $172 million in the year-ago period.

Same-store sales edged up 0.7%, as traffic dipped 3.2% and average ticket increased 3.9%.

The retailer said it expects capital expenditures of $19 million and to end the fiscal year with 10 to 13 more stores than at the end of the previous year.

NEW YORK -- Concern about rising energy prices and higher medical costs has many Americans expecting to spend less in the months ahead, a recent Deloitte study revealed. Despite showing no signs of spending less in recent months, the Deloitte survey found that nearly three-quarters (74%) of Americans believe higher prices could slow their spending in the months ahead.  Deloitte's study also revealed that mobile and social connections are helping shoppers make savvier buying decisions in the wake of the recession.

HOFFMAN ESTATES, Ill.  -- Sears is looking to position itself as a beauty leader, by announcing Monday the installment of new cosmetics departments at more than 100 locations and Sears.com.

According to the company, these refreshed beauty departments will feature products from such brands as L'Oreal, Maybelline, Revlon, CoverGirl, Sally Hansen, Essie and Nicole by OPI. Additionally, beauty advisers staffing the departments will offer makeup tips and advice to customers who desire assistance in perfecting their look, Sears reported.

BENTON HARBOR, Mich.  -- Whirlpool announced that its EVP global product organization, David Szczupak, will be speaking at the fourth Energy Efficiency Global Forum (EE Global) in Brussels, Belgium on Tuesday, April 12, 2011 at 4:00 p.m. CEST. His presentation will be a part of the opening plenary session and is titled, "Appliances...the Friendly Face of the Smart Grid."